Global Digital Radiology Market size is projected to be valued $18.5 Billion by 2024; with a CAGR of 5.2% from 2017 to 2025. Digital radiology is a type of X–ray imaging which provides better quality images, precise diagnosis, less radiation exposure, and instant preview of images. Rise in research & development, affordability of digital radiology, and broad application areas has boosted the market for digital radiology globally.
Increase in chronic disease incidence, rise in acceptance of portable radiology systems, high spending on healthcare infrastructure in emerging markets, and increasing awareness through conferences and programs are the factors propelling the growth of the digital radiology market. However, high installation cost of these systems and concern on patient’s radiation exposure may hinder the growth of the market. Development in advanced systems and rise in revolution from film based radiology to digital radiology might provide with several growth opportunities in the forecasted years.
The global digital radiology market is segmented on the basis of device type, and geography. Device type is bifurcated as digital detectors, portable radiology systems, and mobile C arm.
Based on geography, global digital radiology market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). North America is further bifurcated into U.S., Canada, and Mexico whereas Europe segment consist of UK, Germany, France, Italy, and Spain. Asia-Pacific is segmented into India, China, Japan, and others while RoW is bifurcated into South America, Middle East, and Africa.
The key market players include Hitachi Medical Corporation, Shimadzu Corporation, Canon Inc., Konica Minolta, Inc., Carestream Health, Agfa-Gevaert Group, Fujifilm Holdings Corporation, Siemens AG, General Electric Company, and Koninklijke Philips N.V, among others.
The report covers
Scope of the Global Digital Radiology Market
Device Type Segments